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Iran Forex Transactions

  • EghtesadOnline: Governor of the Central Bank of Iran said on Wednesday anti-money laundering rules such as know your customer (KYC) controls are being implemented in the foreign exchange market and the recent crackdown on currency hawkers in the capital was a step in that direction.

  • EghtesadOnline: After Iran ditched the US dollar in its financial reporting and the Central Bank of Iran is pursuing the policy to sideline the greenback in its forex transactions in response to US restrictions, Iran's Economy Minister Ali Tayyebnia said the lion's share of the country's dealings are now conducted with euro.

  • EghtesadOnline: Bank Melli Iran has recorded a good year in its international dealings with the volume of foreign exchange transactions reaching "about €10 billion" during the previous fiscal year that ended on March 20, BMI's deputy for foreign exchange and international affairs said.